Market Insight

Bank of England Cut Interest Rates

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Published:1 August 2024
This Article was Written by: Rory Maguire - Fundhouse
Market Insights, UK Interest Rate

You will have seen that the Bank of England (BoE) cut interest rates by 0.25% today, the first cut since 2020.

This has been one of the longest periods on record without a rate cut, a clear sign that the BoE was significantly concerned about persistent inflation… economic and market commentary is available to Financial Advisers via our support site.

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